Telecommunications companies in Montenegro ranked by revenue 2018. This 2018 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria.
Archived list for 2018, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | Share | |||
|---|---|---|---|---|---|---|
| 12017: rank 1 | Crnogorski Telekom Technology · Podgorica | 02289377Income statement (PDF) | 85,074,524€ | -0.9% | 548 | 25.8% |
| 22017: rank 2 | Mtel Technology · Podgorica | 02655284Income statement (PDF) | 71,048,552€ | +4.8% | 308 | 21.5% |
| 32017: rank 3 | One Crna Gora Technology · Podgorica | 02242974Income statement (PDF) | 59,694,490€ | -1.4% | 199 | 18.1% |
| 42017: rank 5 | Telemach Crna Gora Technology · Podgorica | 02811618Income statement (PDF) | 14,501,774€ | +72.2% | 120 | 4.4% |
| 52017: rank 4 | Ericsson Ab Štokholm Technology · Podgorica | 03014649Income statement (PDF) | 8,876,898€ | -11.1% | 113 | 2.7% |
| 62017: rank 6 | Radio - Difuzni Centar Technology · Podgorica | 02394294Income statement (PDF) | 5,510,556€ | +17.9% | 109 | 1.7% |
| 72017: rank 7 | Bujošević Technology · Podgorica | 02441411Income statement (PDF) | 2,828,023€ | +2.9% | 15 | 0.9% |
| 82017: rank 9 | Wireless Montenegro Technology · Podgorica | 02863812Income statement (PDF) | 1,826,713€ | -3.2% | 16 | 0.6% |
| 92017: rank 10 | Network Communication Technology · Tivat | 02390663Income statement (PDF) | 1,453,466€ | +2.3% | 35 | 0.4% |
| 102017: rank 13 | E - Mon Technology · Podgorica | 02420414Income statement (PDF) | 979,942€ | +7.1% | 6 | 0.3% |
| 112017: rank 12 | Telegroup Technology · Podgorica | 03073203Income statement (PDF) | 729,949€ | -36.1% | 8 | 0.2% |
| 122017: rank 11 | Sat-Trakt Technology · Podgorica | 02443686Income statement (PDF) | 509,026€ | -59.3% | 12 | 0.2% |
| 132017: rank 15 | Siol Technology · Podgorica | 02848155Income statement (PDF) | 485,434€ | +0.5% | 1 | 0.1% |
| 142017: rank 17 | Orion Telekom Technology · Podgorica | 02768674Income statement (PDF) | 482,715€ | +23.4% | 6 | 0.1% |
| 152017: rank 22 | Satvision Technology · Podgorica | 03040313Income statement (PDF) | 420,170€ | +163.4% | 4 | 0.1% |
| 162017: rank 29 | NK-Projekt Montenegro Technology · Nikšić | 03086950Income statement (PDF) | 318,568€ | +223.7% | 9 | 0.1% |
| 172017: rank 14 | Ipmont Technology · Podgorica | 02792265Income statement (PDF) | 314,654€ | -38.2% | 2 | 0.1% |
| 182017: rank 20 | Eng Trade Technology · Tuzi | 03057941Income statement (PDF) | 291,204€ | +16.0% | 10 | 0.1% |
| 192017: rank 16 | Wimax Montenegro Technology · Podgorica | 02749092Income statement (PDF) | 249,658€ | -37.0% | 8 | 0.1% |
| 202017: rank 38 | 3G Proxy Technology · Podgorica | 03132609Income statement (PDF) | 222,372€ | +344.6% | 6 | 0.1% |
| 212017: rank 19 | Sysdevel Technology · Podgorica | 03058654Income statement (PDF) | 210,500€ | -18.8% | 2 | 0.1% |
| 222017: rank 18 | MDS Network Technology · Tuzi | 03080277Income statement (PDF) | 159,622€ | -53.0% | 2 | 0.0% |
| 232017: rank 23 | Satellite Broadband Service Network Montenegro Technology · Podgorica | 02771454Income statement (PDF) | 152,087€ | -3.7% | 3 | 0.0% |
| 242017: rank 34 | Najtel Technology · Podgorica | 02346494Income statement (PDF) | 133,725€ | +82.0% | 7 | 0.0% |
| 252017: rank 26 | Telemon Technology · Podgorica | 02918315Income statement (PDF) | 131,408€ | +11.4% | 1 | 0.0% |
| 262017: rank 25 | BT Montenegro Technology · Podgorica | 02662035Income statement (PDF) | 114,669€ | -5.4% | 1 | 0.0% |
| 272017: rank 24 | Lona Trade Technology · Ulcinj | 02752646Income statement (PDF) | 110,881€ | -25.9% | 1 | 0.0% |
| 282017: rank 32 | Asp Co Technology · Herceg Novi | 02904683Income statement (PDF) | 99,125€ | +11.6% | 4 | 0.0% |
| 292017: rank 42 | Margo MN Nikšić Technology · Nikšić | 03162427Income statement (PDF) | 86,730€ | +238.7% | 1 | 0.0% |
| 302017: rank 30 | Rula Technology · Bar | 02682052Income statement (PDF) | 78,740€ | -17.1% | 1 | 0.0% |
| 312017: rank 28 | Comtel Technology · Podgorica | 02316536Income statement (PDF) | 77,333€ | -33.0% | 2 | 0.0% |
| 322017: rank 31 | Hemera Tech Technology · Podgorica | 02699052Income statement (PDF) | 68,542€ | -27.8% | 4 | 0.0% |
| 332017: rank 35 | GVD Mont Technology · Pljevlja | 02628147Income statement (PDF) | 66,000€ | 0.0% | 1 | 0.0% |
| 342017: rank 36 | Cpa Technology · Podgorica | 02837714Income statement (PDF) | 61,092€ | -4.0% | 1 | 0.0% |
| 352017: rank 37 | Omega Elektronik Technology · Podgorica | 02640562Income statement (PDF) | 51,272€ | -9.0% | 2 | 0.0% |
| 362017: rank 43 | Mtech Technology · Podgorica | 02990164Income statement (PDF) | 31,287€ | +60.1% | 1 | 0.0% |
| 372017: rank 27 | In Net Media Technology · Podgorica | 03002420Income statement (PDF) | 29,250€ | -75.0% | 1 | 0.0% |
| 382017: rank 33 | Soficom Technology · Rožaje | 02779978Income statement (PDF) | 26,772€ | -65.4% | 2 | 0.0% |
| 39No filing for 2017. | M Connect Technology · Podgorica | 03198561Income statement (PDF) | 26,454€ | No filing for 2017. | 1 | 0.0% |
| 402017: rank 45 | Bum Tek Technology · Podgorica | 02421089Income statement (PDF) | 17,277€ | +4.0% | 2 | 0.0% |
| 412017: rank 49 | Boka - Trans Technology · Podgorica | 02930102Income statement (PDF) | 17,038€ | +235.0% | 1 | 0.0% |
| 422017: rank 39 | Batel Technology · Podgorica | 02337355Income statement (PDF) | 16,262€ | -42.2% | 1 | 0.0% |
| 432017: rank 63 | Oden Gaming Network Technology · Podgorica | 02925192Income statement (PDF) | 15,500€ | No meaningful percentage: the 2017 or current value is zero, negative, unknown or unreliable. | 1 | 0.0% |
| 442017: rank 44 | Zire Technology · Podgorica | 02366622Income statement (PDF) | 12,935€ | -28.3% | 1 | 0.0% |
| 452017: rank 51 | Novatech Technology · Podgorica | 03161803Income statement (PDF) | 11,966€ | +1,802.4% | 1 | 0.0% |
| 462017: rank 21 | P.E.C.S. Technology · Podgorica | 02913321Income statement (PDF) | 10,356€ | -94.6% | 1 | 0.0% |
| 472017: rank 46 | Tele Go Technology · Podgorica | 03127427Income statement (PDF) | 10,131€ | -37.7% | 1 | 0.0% |
| 482017: rank 50 | FM Electronic Technology · Ulcinj | 02734770Income statement (PDF) | 4,300€ | +14.2% | 2 | 0.0% |
| 492017: rank 47 | Mugi - For Technology · Podgorica | 02769557Income statement (PDF) | 4,165€ | -56.6% | 1 | 0.0% |
| 502017: rank 59 | Netmont Technology · Bar | 03157601Income statement (PDF) | 2,522€ | No meaningful percentage: the 2017 or current value is zero, negative, unknown or unreliable. | 3 | 0.0% |
Showing 1–50 · top 50 of 64 companies
This ranking contains 50 records for 2018, ordered by revenue after applying data-quality eligibility rules.
The leading record is CRNOGORSKI TELEKOM A.D. PODGORICA; placement is determined by revenue, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology